Financial Controller
Full-time
Staff Solutions
Key Responsibilities
1. Financial Reporting & Analysis
Essential
1. Financial Reporting & Analysis
- Prepare accurate and timely monthly reports and balance sheet reconciliations.
- Provide insightful analysis of financial data to inform strategic decision-making, identifying trends, risks, and opportunities.
- Prepare reports, ensuring variances against budget are investigated and explained to the Finance Manager and General Manager.
- Assist the Finance Manager in leading the annual budgeting process and periodic re-forecasting in collaboration with department heads and shareholders.
- Monitor financial performance against approved budgets, providing detailed variance analysis and recommending corrective actions.
- Manage daily cash usage and liquidity by executing daily transfers to/from the Call Account to optimize interest earnings.
- Prepare and load all payments (creditors, salaries, and ad-hoc disbursements) on the banking platform for authorization.
- Compile and submit the daily deposit schedule to the Central Reservations Office to ensure accurate allocation of advance payments and deposits.
- Send weekly bank statements to the Group CFO for group-level oversight.
- Reconcile various Balance Sheet accounts (including bank accounts, accruals, prepayments, and inter-company loans) monthly, resolving discrepancies timeously.
- Prepare and enter monthly Journal Entries (accruals, provisions, depreciation, and reclasses) into the general ledger.
- Prepare, process, and reconcile group and intercompany transactions, ensuring all cross-entity balances are accurately recorded, settled timeously, and fully reconciled monthly.
- Prepare and submit VAT reconciliations (Input/Output) for monthly/bi-monthly SARS submissions, ensuring full compliance with South African tax legislation.
- Ensure full compliance with South African tax legislation (VAT, PAYE), statutory reporting requirements, and relevant labour regulations.
- Liaise with external auditors, local authorities, and government authorities as needed.
- Keep a constant eye on Accounts Payable (AP) age analyses, flagging overdue accounts and high-risk balances to the Finance Manager.
- Prepare and remit various monthly invoices and proactively follow up on payment thereof.
- Supervise the Accounts Payables Clerk, ensuring they are diligently chasing outstanding debt and managing the guest ledger.
- Monitor departmental expenses and implement cost-saving initiatives without compromising service standards.
- Oversee stock control, purchasing controls, and cost management across all revenue-generating and support departments.
- Send out weekly exchange rates to all departments (Lodges, Reservations etc,) to ensure rate cards and POS systems are updated for international guests.
- Establish, maintain, and continuously improve robust internal control procedures across all departments.
- Lead, mentor, and develop the Finance and operations team.
- Foster a culture of accountability, integrity, and continuous improvement.
- Provide financial coaching and guidance to senior managers to enhance their financial literacy and accountability.
Essential
- Education: Relevant Degree or Diploma in Accounting, Finance, or a related field.
- Experience: Minimum 3–5 years of progressive finance experience, with at least 1–2 years in a supervisory role within a star hotel or luxury hospitality environment.
- Systems: Advanced proficiency in hotel financial management systems (e.g., Sage 300/Accpac, Protel, Opera PMS, Micros POS, Materials Control) and online banking platforms.
- Excel Skills: Advanced MS Excel skills for data analysis and reconciliations.
- Knowledge: Good understanding of International Financial Reporting Standards (IFRS), South African VAT legislation, and hotel
- Meticulous: Zero-tolerance for errors in reconciliations, payment loading, and reporting.
- Initiative-taking: A "hands-on," 'can-do' attitude with the ability to thrive in a fast-paced environment; actively hunts for missing invoices and follows up on outstanding payments.
- Leadership: Strong ability to influence, coach, and inspire cross-functional teams while supervising junior staff.
- Integrity: Unwavering commitment to confidentiality and ethical financial management.
Vacancy posted 9 hours ago
Similar jobs that could be interesting for youBased on the Financial Controller in Grahamstown, Eastern Cape vacancy
- ...Essential: Matric / Grade 12. Degree or Diploma in Accounting, Finance, Financial Management or a related field . At least 3–5 years' experience as a Financial Controller, Financial Manager or Senior Hotel Accountant . Previous experience within a 4-...
- ...A Inventory Controller is needed in Grahamstown. The role focuses on consistent delivery, accurate work and clear communication across the Eastern Cape operation. The Role The organisation is investing in its Grahamstown operation, and this Inventory Controller position...
- ...Bring your skills as a Inventory Controller to Grahamstown and join a team that moves fast. This Eastern Cape role is one to watch. The Role This Inventory Controller role sits within the logistics jobs function in Grahamstown. It offers a defined scope, clear measures...
- ...skills. * Excellent guest relations and communication abilities. * Good understanding of lodge operations, administration and financial controls. * A hands-on approach with the ability to work effectively in a remote game reserve environment. * Professional, energetic...
- ...Essential Good overall understanding of the total lodge operation; Front of House, Housekeeping, F&B, Hosting, stock control. Manage budgets, financial reporting, cash flow, forecasting, and cost control Good experience in managing finances and basic lodge marketing Excellent...
- ...Financial Controller | Luxury Private Game Reserve | Paterson, Eastern Cape Kendrick Recruitment is currently seeking an experienced and hands-on Financial Controller to join an exclusive luxury private game reserve in Paterson, Eastern Cape. This is an excellent...
- ...intercompany loans Review expense claims against company policy and approval limits Implement and monitor internal controls to mitigate financial risk Capture supplier invoices, journals and bank transactions accurately Monitor debtors' age analysis and...
R 21,800 per month
...feedback and any operational matters professionally. The role will involve supporting the management team with administration, stock control and general lodge operations. The successful candidate will assist in maintaining high standards across housekeeping, food and...- ...of any repairs or maintenance required Learn about forecasting and scheduling of labour by shift and create a deployment plan to control labour costs and meet the needs of the business by utilising tools i.e. Macromatix. Support RGM to ensure that controls and...
- ...audit by preparing requested working papers Capture supplier invoices, journals and bank transactions accurately Provide ad hoc financial analysis to support business decisions Maintain accurate general ledger entries and trial balance integrity What You'll Need...
- ...year-end audit by preparing requested working papers Liaise with external auditors, banks and regulatory bodies Provide ad hoc financial analysis to support business decisions Compile cash-flow forecasts and variance commentary for management Minimum...
- ...investigations into theft, fraud and policy breaches Coordinate with SAPS and emergency services during incidents Operate access control points and verify visitor credentials Manage matter files, court diaries and litigation deadlines Minimum Requirements...
- ...line with scope of practice Participate in multi-disciplinary ward rounds and care planning Support infection prevention and control protocols across the unit Liaise with medical aids and process pre-authorisations where required Administer prescribed medications...
- ...compliance targets, leading to a competitive advantage for the brand. Job Objectives: To ensure the achievement of the stores financial performance by driving and maximising sales through the execution of promotional activities and driving cross-selling, up-selling...
- ...Your Workplace Importantly, the environment is hybrid-friendly where the role allows, with collaborative tooling, modern source-control workflows and a strong emphasis on shared ownership of code and incidents. Crucially, the working environment is set up to give...
R 30,000 per month
...Ensure excellent food preparation and service across all meal periods. Monitor kitchen stock levels, food costs, wastage and portion control. Assist with menu planning, ordering and stock management. Maintain high standards of kitchen cleanliness, hygiene and food safety....
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Financial Controller. Be the first to apply!
